Current Sensor Market worth $4.7 billion by 2028 - Exclusive Report by MarketsandMarkets™
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Monday, October 9, 2023
International Trade Organization, Hall effect, IC, MEMS, Security, TDK, TMR, Electronics, Thermocouple, Infineon Technologies, Battery, LCV, COVID-19, Linearity, Microphone, Robotics, Safety Security Force, TPMS, HVAC, OEM, ESC, Telecommunications, Motion system, Analysis, Honeywell, ADAS, Arbitrary unit, Oxygen, Asahi Kasei, SQUID, Texas Instruments, EV, HCV, Growth, TEST, ECU, GMR, Temperature, AMR, Instrumentation, Application, Geography, Pressure, Speed, Region, Magnetometer
In 2022, the Hall-effect sensors segment held the largest share of the magnetic current sensor market and was expected to follow the trend during the forecast period.
Key Points:
- In 2022, the Hall-effect sensors segment held the largest share of the magnetic current sensor market and was expected to follow the trend during the forecast period.
- The digital output segment in the current sensor market is expected to grow at the highest growth rate during the forecast period.
- China held the largest market share and is expected to retain its position during the forecast period from 2023 to 2028 in the current sensor market.
- China plays a significant role in the current sensor market as it is the largest automobile manufacturer in the world.